Ocado chief says he won’t be a ‘puppet master’ amid apparent succession row

Tim Steiner speaks as shares in the online grocer slide nearly 15% on plunge in pre-tax profits to £17m Business live – latest updates The co-founder and boss of Ocado has insisted he has “no intention of being a puppet master” exerting control over its staff amid an apparent boardroom row over succession at the grocery technology company. Tim Steiner, who is to stand down as chief executive in 2028, suggested that any successor would be happy to work with him. Continue reading...

By Sarah Butler